GLOBALISATION… One of the Internet encyclopedias describes globalization as “the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange”. The World Bank defines globalization as “the growing integration of economies and societies around the world”. The British magazine “The Economist” likened globalization to a line from a John Lennon song, “Imagine there’s no countries. It isn’t hard to do”. Clearly, globalization means different things to different people. In this essay we consider these and other aspects of globalization, and we will discuss how the globalization made changes in societies and the world economy that result from dramatically increased international trade and cultural exchange (George Clack, 2000, P. 85). Globalisation is essential and has forever altered the way nations and countries collaborate. However, it also has both positive and negative effects. One major advantage of globalisation includes the benefit that “trade is good for growth and that growth is good for the poor” (Lee & Vivarelli, 2006, p. 167). To stop the increase of negative effects of globalisation, the wealthy country must take action and support and become account for those poorer countries to make this world a better place. This essay attempts to discuss into further detail the food and agriculture policies in developing countries, globalisation and employment and poverty and inequality.

Economic globalization often appears to be a kind of race, with real winners and losers. “Globalization offers extensive opportunities for truly worldwide development but it is not progressing evenly,” in the words of the IMF Issues Brief. “Some countries are becoming integrated into the global economy more quickly than others. Countries that have been able to integrate are seeing faster growth and reduced poverty”. (George Clack, 2000, P. 86). Why do some countries enjoy robust economic growth while others do not?...

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EFFECTS OF GLOBALIZATION
December 2, 2013
Globalization and modernization play a major role in a nation’s development. Nations such as China and Vietnam have ventured into the global economic stage in order to preserve their future . Their government’s reform laws on global manufacturing and exporting has improved their economic growth. Globalization both brings a positive and negative outcome and greatly influences the course of the nation.
In 1978 Chinas leaders reformed their economic policy in order to revitalize their stagnant economy. This had a positive effect on Chinas economic future. The reform included liberizing foreign trade and investment . This globalization event paved the way for foreign manufacturing companies to be able to operate in China. Pre 1978 life in china was plaque by poverty, famine, and income inequalities. The annual economic growth was 6 percent per year. After globalization economic growth went up to 9 % annually after 1978, and is now at an amazing 15% in the last few year( Hu & Khan, 1997). Another positive impact from globalization is the percentage of people living in poverty. As more factories were built ,more jobs were created reducing the people living in poverty from 270 million during the year of 1978 to 100 million in 1985. (Wikipedia,2013)
Chinas low cost of labor has propelled the nation’s economic growth...

...Globalization and Poverty
Introduction
In this essay, I am going to investigate the globalization and poverty in the world. Meanwhile, its impact on global marketing activities will also be addressed.
It is an interesting topic to study, as you will know the reason behind by the following quotes:
‘Over the past 20 years, the number of people living on less than $1 a day has fallen by 200 million, after rising steadily for 200 years’ (James Wolfenson, president of World Bank, World Bank Report, 2002)1
‘Globalization has dramatically increased inequality between and within nations.’ (Jay Mazur, US Union leader, 2000)2
So, who was telling us the truth?
Our main objective of writing this essay is to understand how globalization, poverty and global marketing strategies affect each other, so as to bring insight to global market development through studying globalization progress and poverty in nowadays.
This essay is comprised of five major parts: First, we will talk about globalization and its impact. Second, the global poverty issue will be investigated. Third, new market opportunities in poor markets will be studied. And finally, I will conclude the essay with my own opinion on future global market development and poverty issue.
Globalization
History and Definition
The term ‘globalization’ has...

...do business internationally. This whole phenomenon has been called globalization. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalization has in more recent times been increasing rapidly due to improvements in communications, information and transport technology. It has also been encouraged by trade liberalization and financial market deregulation.
Globalization offers a higher standard of living for people in rich countries and is the only realistic route out of poverty for the world's poor. Pro-globalization groups e.g. World Trade Organization and the World Economic Forum believe that globalization helps to reduce poverty and increase living standards as well as encourage a better cultural understanding. Also, due to globalization, there can be international co-operation to solve environmental and social problems.
Technology has now created the possibility and even the likelihood of a global culture. The Internet, fax machines and satellites have swept away the old national cultural boundaries. Global entertainment companies now seem to shape the understandings and dreams of ordinary citizens, wherever they live. Globalization leads to better cultural understanding and tolerance. Because of improvements in travel, more and more people are traveling to different countries, thereby spreading their culture to other parts of the...

...every country which is not the best political method but at least it is way better than dictatorship. It shapes the modern nation state where people think globally then act locally. Loads of international institutions were created to face global political issues. Political globalisation benefits many countries to handle their political issues despite the fact that it may vanish the identity of nation state.
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Bibliography:
DUNNING, J., ed., 2003. Making Globalization Good. New York: Oxford University Press.
IMF Staff, 2002. Globalization: Threat or Opportunity? [Online]. IMF: IMF Staff. Available at: http://www.imf.org/external/np/exr/ib/2000/041200.htm [Accessed 30 July 2005].
STEGER, M. B., 2003. GLOBALIZATION: Very Short Introduction. New York: Oxford University Press...

...choice. With accelerating globalization, organizations have had to change and new trends have set in even in the management of human resources. Globalisation has led to changes in organization design and organization structures are leaner thus improving efficiency but having a negative impact on staff numbers which have had to be reduced. This means employees have been retrenched in many sectors like telecommunications, the Kenya Railways and the Kenya public service sectors in order for those organizations to gain competitive advantage. Reward management systems have changed and even the human resource planning strategy is to have a leaner staff in the core areas and to hire part time workers in a bid to reduce costs and to enable the business to run profitably and efficiently. The non-core jobs have been outsourced which has led to an increase in independent contractors to service industries. However the homogeneity that results from globalization has had a major effect in developing countries because of brain drain. Globalization can therefore be said to have had a phenomenal impact on a developing economy like Kenya which is both positive and negative.
4.0 Globalisation, History and the Future
As a student globalisation has opened up experiences such as transfer programs, opportunities to live in different parts of the world and experience what they have to offer. As an international business student I’d like to look at a...

...Pros and cons of globalization
Regis University
July 7, 2013
Issues in International Business
Instructor: Jonathan Hochberg
By Luisana Frias
The Concept of Globalization
Former CEO of Vodafone Group, Mr. Arun Sarin, at the 2009 Global Business Forum debated that there is a profound change occurring in the world today. The world is becoming more interconnected due not only to physical infrastructure but also the intellectual and software infrastructure that is being built; moreover, the way in that trade is being done today. For him, the United States is still the most powerful country in the world; however, if the country wants to have global excellence in the future, innovation is a most.
Since its earliest appearance, about three decades ago, the term globalization has been used to describe a process, a condition, a system, a force, and an age. The term signifies a social condition characterized by the existence of global economic, political, cultural, and environmental interconnections and flows that make many of the currently existing borders and boundaries irrelevant. Globalization suggests dynamism best explained by the idea of change and the transformation of present conditions. In other words, globalization is an ongoing process rather than a static condition. According to Manfred Steger, author of the book: Globalization: A Very Short Introduction,...

...INTRODUCTION
* Globalization describes the process by which regional economies, societies and cultures have become integrated through a global network of ideas.
* This integration has been fueled by technological advances in communication, transportation and trade that break down national divisions and barriers.
* Globalization is recognized through a number of trends such as growing economic integration and liberalization; trade regulation; convergence of macroeconomic policies; modification of the role and concept of nation state; proliferation of supranational agreements and regulatory bodies; and globalization of information systems.
* These trends are associated with both positive and negative impacts on human well-being, the use and conservation of the environment, equity within countries and between developing and developed countries, participation and democratic decision-making, food security, poverty alleviation and others.1
http://elearn.usiu.ac.ke/webapps/portal/frameset.jsp?tab_tab_group_id=_2_1&url=%2Fwebapps%2Fblackboard%2Fexecute%2Flauncher%3Ftype%3DCourse%26id%3D_4144_1%26url%3D- GLOBALIZATION LECTURE.PPTX
EFFECTS OF GLOBALIZATION ON DEVELOPING COUNTRIES
Globalization has brought in new opportunities to developing countries. Greater access to developed country markets and technology transfer hold out promise, improved productivity and higher living...

...Globalization and its Impact on Poverty in Pakistan
Sohail J. Malik Ph.D. Islamabad May 10, 2006
The globalization phenomenon
• Globalization is multidimensional and impacts all aspects of life
– economic social, cultural and political.
• globalization in production and labor markets is leading to increasing outsourcing of parts, components, and services • the drive towards market liberalization has rapidly accelerated the pace of globalization during the past decade.
From Globalization to Poverty Reduction ……….
• The whole process is predicated on increased efficiency arising out of the international competition. • Requires the poor to constantly seek to improve their skills and human capital. • Investment in Quality control and standards • This also requires a set of specific interventions by the Government. • Increasing competitiveness is at the heart of the whole process.
This requires……………………
• Competitiveness of the domestic enterprises in the global economy • Reasonably good investment climates in which firms can startup, prosper and grow • Good governance
– – – – control of corruption, well functioning bureaucracies and regulation, contract enforcement, protection of property rights .
• Strong forward and backward linkages of markets within a country and globally – e.g. transport and telecommunications infrastructure - not just for a good investment climate...